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staffers with majority leader reid and minority leader mcconnell are trying to conjure up some last-minute deal and this plan would not be the grand bargain that john boehner started initially working on. that plan would have dealt with tax reform and deficit reduction and this will be a much more scaled back version that will deal with the issue of taxes and that is still the big sticking point, taxes. of course, democrats and president obama have called for tax rates to increase on those making $250,000 or less. republicans have said that's way too low. so they're thinking about potentially compromising on a rate that would be $400,000 or $500,000, but some republicans are saying they don't think that the tax rate should go up on anyone. so taxes still the major sticking point. right now the negotiations are going on the hill and there's a lot of optimism that came from the talks yesterday. of course, president obama hosted congressional leaders at the white house and they left that meeting and many said that it was constructive and they were optimistic that a deal could get done
. >> senators reid and mcconnell are discussing a potential agreement to where we can get a bipartisan bill out of the senate over to the house and done in a timely fashion so that we met the december 31st deadline. but, given how things have been working this this town, we always have to wait and see until it actually happens. >> so there you have it. there will be a deal when there is a deal. i think that is howie mandel had been at the meeting, perhaps thing things have gone better, because he could have given the nation's leaders a lesson on probability 101. this is what we know are the the his own fiscal cliff show. most of the contestants make a choice not dealing with the real world mathematical probabilities of the situation they are in. contestants don't look at the innate silver, but they are driven by their emotions. contestants behave in more risky ways and taking bigger chances when less likely to pay off when prior expectations have been shattered by eliminating prior briefcases or other expectations have been surpassed by opening low-value briefcases. in other words, contestants
with the new bill that's going to come out in the senate. big if as to whether it could pass. is mitch mcconnell going to agree not to filibuster. is the speaker going to be able to bring it to the floor, which is viewed by his right wing as a complete sell out? because if he brings it to the floor, the democrats and the votes, 17, 20 you mentioned might be enough to pass it. that would be the end of his speakership. >> okay. >> so he's going to have to say no to bringing it to the floor. the president looks very good. i think the real story here is, if i were the president, i would not want to make a deal now. i think things get better for him as time goes on. >> at the same time -- >> it's a critical part of negotiations. if we don't make a deal, what will happen. what's likely to happen. >> at the same time, the american people are on both sides. >> very good job, by the way. what he's doing is, my expectation -- what i think is happening is the president doesn't want to make a deal, but he has to show he's doing everything possible to make it. he has to show the public wants to see him actin
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